The truth about the Great Bank Heist: indispensable web resources

Here are a few things about the bank bailout you won't see in the mainstream media, and where to go to find more about this.

First, the media would have us believe that the banks have repaid "nearly all" of the Federal handout they received two years ago. And they'd have you believe that nearly all of the bailout money came from Geithner's TARP program. Actually, TARP was only a small part of the bailout. Most of the bailout money came from the Federal Reserve Bank, and was done without Congressional authorization. The Fed's handout dwarfed TARP. Go over to banksterusa to get the details, and to learn that the banks still haven't returned $2 trillion. (To put this in perspective: $2 trillion is enough to pay off the debts of all 50 states, PLUS pay off the debts of all municipalities in the country, PLUS cover the "unfunded liabilities" of public employee pension plans. Here's the link to bankster:

http://www.banksterusa.org/content/bailout-not-over-taxpayers-still-owed-2-trillion-federal-reserve-loans-and-tarp-program-fund

The info at the above link gives a good overview. For a detailed breakdown of all 35 federal bailout the banks handout programs and the outstanding balance sheets for each, you'll want to check out the Wall Street Bailout Cost table at:

http://www.sourcewatch.org/index.php?title=Total_Wall_Street_Bailout_Cost

Finally, make sure to bookmark the Real Economy Project of the Center for Media and Democracy, which is a great resource. Here's the URL:

http://www.sourcewatch.org/index.php?title=Portal:Real_Economy_Project